401(k)
2022 plan-year 401(k) DOL Form 5500

Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Memphis Horizons Enterprises Β· Tennessee Β· Administrative & Support Services

What the 2023 filing shows

Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust holds $398K for 145 participants - about $2,746 per participant, up 81.5% over the 2022 plan year.

$398K
total plan assets (2022 EOY)
145
covered participants
$2,746
avg assets per participant
+81.5%
assets growth YoY
Total Assets (2023)
$398K
Participants
145
State
Industry
Administrative & Support Services

What the Filing Says About Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust

Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust is a 401(k) retirement plan sponsored by Memphis Horizons Enterprises, headquartered in Tennessee. As of the 2022 Form 5500 filing, the plan reports $398K in total end-of-year assets and covers 145 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 621140016, and the plan has been effective since 2020-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $219K at the beginning of 2022 to $398K at year-end β€” a gain of 81.5%. Net assets (after liabilities) closed the year at $398K, with reported net income of $179K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$219K
Total Assets (End of Year)$398K
Net Assets (End of Year)$398K
Net Income$179K
Plan Type401(k)
Employer EIN621140016
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Memphis Horizons Enterprises)

Year Plans Participants Total Assets
2022 1 145 $398K
2023 1 140 $806K
2024 1 131 $1M

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust?
As of the 2022 Form 5500 filing, Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust holds $398K in total assets with 145 participants. It is sponsored by Memphis Horizons Enterprises.
What type of plan is Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust?
Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust is a 401(k) plan. It has been effective since 2020-01-01. The plan is filed with the U.S. Department of Labor under EIN 621140016.
Who sponsors the Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust?
Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust is sponsored by Memphis Horizons Enterprises, located in Tennessee. The sponsor's EIN is 621140016 and the plan operates in the Administrative & Support Services industry.
How did Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust perform in 2022?
Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust grew by 81.5% during 2022, moving from $219K to $398K in total assets. Net income was $179K.
Where can I find official filings for Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust?
Official Form 5500 filings for Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 621140016 or plan name at efast.dol.gov.
How does Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust compare to other plans?
You can compare Memphis Horizons Enterprises 401(k) Profit Sharing Plan & Trust against other 401(k) plans on the plan type page, or view plans in Tennessee on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 621140016.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.